Energy: LNG boom puts pressure on costs

4 June, 2014 By Andy Aston

Global demand for liquefied natural gas (LNG) had been gr owing even before the recent Ukraine crisis turned back the clock on the West’s relations with Russia. Even though the rhetoric about a new Cold War never actually caused the gas taps to be turned off, many European countries that had come to rely on Russian gas suddenly began to look for alternative sources of supply.